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Gamestop Corp-A Down 16.0% Since SmarTrend Downtrend Call (GME)

By Amy Schwartz

SmarTrend identified a Downtrend for Gamestop Corp-A (NYSE:GME) on February 2nd, 2018 at $16.44. In approximately 2 months, Gamestop Corp-A has returned 16.00% as of today's recent price of $13.81.

Gamestop Corp-A share prices have moved between a 52-week high of $32.67 and a 52-week low of $12.20 and are now trading 13% above that low price at $13.81 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has advanced 0.5%.

GameStop Corporation operates specialty electronic game and PC entertainment software stores throughout the United States, Australia, Canada, and Europe. The Company stores sell new and used video game hardware, video game software, and accessories, as well as PC entertainment software and related accessories and other merchandise.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Gamestop Corp-A.

Log in and add Gamestop Corp-A (GME) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights gamestop corp-a

Ticker(s): GME